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Your responsibilities

There are certain legal responsibilities that need to be met when paying your employees’ super. This section sets out the key things you need to know.

Who is entitled to super?

Unless a specific enterprise agreement states otherwise, employers are required to pay a set rate of super into each employee’s super fund.

Generally, if you pay an employee $450 or more before tax in a calendar month, you have to pay superannuation on top of their wages. If your employee is under 18 or is a private domestic worker, they must also work 30 or more hours a week to qualify.

What is the Superannuation Guarantee?

The minimum you must pay is called the Superannuation Guarantee (SG). The SG is currently 9.5% of an employee’s ordinary time earnings and must be paid at least four times per year, by the quarterly due dates.

The fund you choose must be a complying fund that offers a minimum standard of life insurance cover. Most employees will be eligible to choose which fund you pay into.

 


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